Why would I want to consider a business focused on outdoor living?
Here are some Outdoor Living category facts and figures:
Consumers are not flipping homes as frequently as they were in the past
and are choosing to upgrade and remodel their existing homes.
The demand for outdoor living spaces continues to grow each year, making
it one of the most popular remodeling categories for home improvements.
In fact, according to the American Institute of Architects (AIA), the
demand for outdoor living spaces is on the rise, as more than 34.8% of
architects responding to AIA surveys said they had seen an increase in
outdoor living space requests.
Of the 80 million homes in the U.S., 60 million still need decks! However,
decks represent only about half of the annual sales volume that is designed
and built under the Archadeck Outdoor Living name. Screened porches, sunrooms,
three-season rooms, patios, hardscapes areas, pergolas, gazebos, and more
outdoor living structures are all important components of the Archadeck
Decks typically need to be replaced every 10-20 years. Our deck-safety
initiatives help bring this to the forefront of every homeowner’s
mind, resulting in significant levels of deck replacement and renovation business.
Outdoor Living remodeling and construction is a multi-billion dollar business
in North America, with strong growth trends that show no signs of slowing
based on the latest consumer research.